Bankruptcy

Alex Mashinsky resigns from Celsius Network
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28 September, 2022

Alex Mashinsky resigns from Celsius Network

Months of speculation ended as Celsius CEO Alex Mashinsky steps down from his post amidst an ongoing probe, which comes...
Compute North files for Chapter 11 bankruptcy with $500M in debt
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26 September, 2022

Compute North files for Chapter 11 bankruptcy with $500M in debt

Compute North operates data centers for miners, including Marathon Digital and Hive Blockchain, but a $300 million loan has made...
US court approves appointment of examiner to uncover Celsius dealings
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17 September, 2022

US court approves appointment of examiner to uncover Celsius dealings

Intense scrutiny awaits Celsius with the U.S. court's approval to hire an examiner to look into its dealings, which comes...
Celsius creditors support appointment of trustee in bankruptcy case
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12 September, 2022

Celsius creditors support appointment of trustee in bankruptcy case

Attorneys for the bankrupt lender also revealed that they were in support of the trustee’s request to appoint of an...
Singapore-based Zipmex exchange files moratorium on bankruptcy
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2 August, 2022

Singapore-based Zipmex exchange files moratorium on bankruptcy

Zipmex explains that the application does not imply the liquidation of any entities, but it helps protect the company against...
Peter Thiel-backed ‘crypto’ lending platform Vauld bankrupt
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25 July, 2022

Peter Thiel-backed ‘crypto’ lending platform Vauld bankrupt

Singapore-registered/India-based Vauld filed an application for a moratorium order under section 64 of Singapore’s Insolvency, Restructuring and Dissolution Act 2018,...
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